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Fashion Retailers Cancel Nearly $1.5 Billion in Orders from Bangladesh

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Bangladesh’s ready-made garment sector is teetering on the brink of disaster. In the past week, factories have been facing a crush of daily order cancellations from brands and retailers that manufacture in Bangladesh, and as of Sunday, 490 factories have fielded cancellations affecting $1.44 billion worth of exports. “Factories are reporting and registering new cases…

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